BUSINESS

No-interest flood loans available

MainSource Bank is offering interest-free loans to property owners affected by the Feb. 28 flood in Jay County.

FCC plans shutdown

The earthquake and tsunami that devastated Japan last month are creating an industrial aftershock in Jay County.

Blackford farmer wins top award

Hartford City farmer Jim Kline was named North America’s 2011 Top Producer of the Year by Top Producer magazine.

Construction activity picking up

Building is picking up locally as the weather begins to warm up.

Mercer County rate second-lowest in state

Mercer County boasted the second lowest unemployment rate in Ohio in March. Mercer County boasted the second lowest unemployment rate in Ohio in March.

Egg project tops list

Building permits for April topped $3 million, led by a $2 million egg processing facility being constructed by Hoosier Pride Farms LLC.

Tyson to buy back stock

Tyson Foods Inc. announced it plans to repurchase 22.5 million shares of stock.

Chamber, Rotary partner to mentor

The Jay County Chamber of Commerce is partnering with the Portland Rotary Club to launch a mentoring program aimed at nurturing entrepreneurship in the county.

Building permits top $2 million

Jay County building permits for May were for almost $2 million in new construction— including nearly $1.5 million for three separate confined feeding operations.

Intern joins CR staff

A Ball State University student will be spending the summer as an intern with The Commercial Review.

First Merchants sets earnings

First Merchants Corporation reported that earnings for the first quarter of 2011 totaled 17 cents per fully diluted common share — an improvement of 16 cents per share as compared to the same quarter last year.

Judgment rendered against car dealer

Jay Circuit Court granted a judgment of about $1.4 million against former Portland car dealership owner Ken Kunkle for money owed to First Merchants Bank.

Tsunami still rippling at FCC

FCC Indiana announced another reduction in staffing as the company continues to attempt to rebound from the Japan earthquake, which interrupted supply for the auto-parts producer.

JJCL offers machine trades class

The John Jay Center For Learning and South Adams Machine Trades will be offering a 5-week introductory course including safety, shop math, manual and CNC machining.

Jay-Randolph breaks ground

Jay-Randolph Developmental Services, Inc. held a groundbreaking ceremony Thursday morning at the Portland facility, located at 901 E. Water St., for the expansion and renovation of the Day Services training areas.
PORTLAND WEATHER

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